The latest price target for Iris Energy (NASDAQ:IREN) was reported by Cantor Fitzgerald on October 30, 2024. The analyst firm set a price target for $20.00 expecting IREN to rise to within 12 months (a possible 89.93% upside). 34 analyst firms have reported ratings in the last year.

The latest analyst rating for Iris Energy (NASDAQ:IREN) was provided by Cantor Fitzgerald, and Iris Energy reiterated their overweight rating.

The last upgrade for Iris Energy Ltd happened on October 11, 2023 when JP Morgan raised their price target to $6.5. JP Morgan previously had a neutral for Iris Energy Ltd.

The last downgrade for Iris Energy Ltd happened on November 22, 2022 when HC Wainwright & Co. changed their price target from $7 to $3 for Iris Energy Ltd.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Iris Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Iris Energy was filed on October 30, 2024 so you should expect the next rating to be made available sometime around October 30, 2025.

While ratings are subjective and will change, the latest Iris Energy (IREN) rating was a reiterated with a price target of $20.00 to $20.00. The current price Iris Energy (IREN) is trading at is $10.53, which is out of the analyst’s predicted range.